END OF AN ERA AS JCP FILES FOR BANKRUPTCY
J.C. Penney recently filed Chapter 11 bankruptcy. It is the fourth major retailer to meet that fate. With 846 stores and 85,000 employees, J.C. Penney...
Tag : Retail
Apparel exports dynamics geared for big change
Will India lose share in US and EU or gain? An analysis As per the latest report by Wazir Advisors US economy is expected to...
Primark comes to rescue exporters Amid Covid 19
The U.K. retailer, Primark owned by Associated British Foods Plc, said it would cover the wage component of clothing orders that were scheduled for shipment within...
What lies ahead for global apparel trade??
An in-depth analysis The pandemic coronavirus is giving rise to an economic slowdown along with immense human grief. The global outbreak has affected many businesses...
BUYERS CANCELLING ORDERS EXPOSES INDUSTRY TO HUGE RISK
When the world is going through one of the darkest phases in human history life is not easy for anyone. Exporters who have tirelessly created...
Loss Of USD 30 Bn to Indian Retail in 15 days- CAIT
The Confederation of All India Traders informed that the losses incurred by the retail trade of the country in the last 15 days due to ...
CMAI urges Govt to Save Industry from Deep Crisis
Team Perfect Sourcing spoke to CMAI about the current crisis in the industry and feedback was received. The current crisis caused by the Coronavirus will...
Fashion Industry Leaning Towards AI for Economic Sustainability
Despite the established nature of the fashion industry, AI is fundamentally transforming the manufacturing of products to the way they are marketed and sold. AI...
Pier 1 Imports Announces to Close More than Half of Its Stores
Pier 1 Imports, the specialty furniture chain once hailed as a trendy destination for young professionals, recently announced that it might close up to 450 of...
Reliance Retail Q3 pre-tax profit grows 62 per cent
MukeshAmbani-led Reliance Retail posted a 62.3 per cent jump in earnings before interest, tax, depreciation and amortization (EBITDA) to Rs 2,727 crore for the third...